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European Commission Announces new Green Deal Worth €1 tn

The European Union is committed to becoming the first climate-neutral bloc in the world by 2050, announcing a green deal worth EUR 1 trillion to achieve that target. The European Union is committed to becoming the first climate-neutral bloc in the world by 2050. This requires significant investment from both the EU and the national […]

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Volkswagen to Become World’s Largest EV Manufacturer by 2028

Wood Mackenzie expects Volkswagen to miss its target of 22 million EVs target, but in the process still become the leading EV manufacturer globally. The Volkswagen (VW) group has pledged to become carbon-neutral by 2050. Included in its roadmap for reaching this target is a plan to manufacture 22 million electric vehicles (EV) by 2028. […]

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Ørsted Begins Work on its 752 MW Offshore Wind Complex in Netherlands

Ørsted has started constructing its first offshore wind farm in the Netherlands by installing the 1st foundations at the 752 MW Borssele 1 & 2 offshore farm Ørsted has started constructing its first offshore wind farm in the Netherlands by installing the first foundations at the 752 MW Borssele 1 & 2 offshore wind farm, […]

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Double the Share of Renewables to Achieve Energy Transition Goals

The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve SDGs according to IRENA. The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve sustainable development goals and a pathway to climate safety, according to […]

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Cheaper EV Could help Tesla hit Targets by mid-2020s: WoodMac

Tesla has announced its plans to capture 1% of all car sales globally, WoodMac projects that it will meet the targets by 2024 if it launches a cheaper EV In Q3 2019, Tesla announced its plans to capture 1 percent of all car sales globally. With its current portfolio of luxury cars, the company is […]

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ADFD Approves Record $105 mn Funding for 8 RE Projects

ADFD has approved USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project Facility. The Abu Dhabi Fund for Development (ADFD) has confirmed the allocation of approximately USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project […]

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NSEFI Petitions to the Govt Against NTPC’s Tender Conditions

NTPC’s refusal to exempt small & medium enterprises from EMD for its solar power tender has seen NSEFI petition to the government seeking its intervention. State-owned NTPC’s refusal to exempt small and medium enterprises from earnest money deposits (EMD) for its solar power tender has riled an association of the solar energy industry which has […]

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UPERC Decides To Wait For Project Commencement on Amplus Plea

The Uttar Pradesh Electricity Regulatory Commission, in an order on January 7, has dismissed a petition by Amplus Green to consider its 50 Mw Mirzapur solar project installation as a captive project, asking the firm to file its plea after project completion instead. The order came even as Amplus Greens Private Limited has reached an […]

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Everon & Arcadia Partner to Drive Clean Charging for EVs

Everon has announced its partnership with Arcadia to launch new solutions that will make it easier for all drivers of EVs in the US to charge sustainably. Everon, a global EV charging platform, announced its partnership with Arcadia (previously Arcadia Power), the only nationwide US technology company focused on clean consumer energy. At a time […]

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